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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: BubbaFred who wrote (45404)2/1/2004 1:22:16 AM
From: Jim Fleming  Read Replies (1) of 74559
 
BubbaFred

The apartment rental market in greater Boston has been very soft for months. Lots of vacancies and I have heard stories of various concessions being offered in the larger apartment complexes close to Boston. I recently moved to an apartment complex in Wellesley and there are several vacant apartments. The management tells me they have not had long term vacancies for fifteen years.

Jim
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